October 1, 2021
Nagad’s interim licence gets fourth extension
The Bangladesh Bank yesterday renewed the interim licence of Nagad for another six months as the Bangladesh Post Office (BPO) has failed to form a subsidiary to run the mobile financial service.
September 29, 2021
NRB Bank deliberately loses Tk 103cr to favour stock gamblers
NRB Bank has incurred a loss of Tk 103 crore as it intentionally became involved in unethical trading practices in the stock market to favour gamblers, which weakened the financial health of the...
September 12, 2021
Bangladesh sees encouraging rise of green finance
Sustainable financing has gained popularity in recent years as both banks and enterprises in Bangladesh have become increasingly keen to embrace the business model that protects the environment...
September 9, 2021
Bank deposits rise despite low returns
Deposits at banks saw remarkable growth last fiscal year as the coronavirus-linked uncertainty compelled people to cut non-essential expenses and save more, while lending growth shrank slightly due...
September 6, 2021
NRB Commercial Bank fined for breaching stock investment ceiling
Bangladesh Bank yesterday fined NRB Commercial Bank Tk 23.50 lakh for its aggressive investments in the capital market in breach of rules.
September 2, 2021
State banks not keen on Padma’s merger request
Managements of the state-owned banks are in a state of discomfort after being informed about the Padma Bank’s wish to get merged with a state lender.
August 31, 2021
10 banks face show-cause for low deposit rates
Bangladesh Bank has asked 10 banks to explain why they maintained a high interest rate spread for long depriving depositors.
August 27, 2021
Bangladesh Bank lifts dollar sale to halt taka slide
After buying a record amount of US dollars last year, Bangladesh Bank has begun selling the American greenback following a decline in remittance and an increase in imports.
August 25, 2021
IMF support lifts forex reserves to $48b
Bangladesh’s foreign exchange reserve has hit a record high of $48 billion after it secured $1.44 billion in financial support from the International Monetary Fund (IMF).
August 24, 2021
Tk 3,000cr refinance scheme for farmers
The Bangladesh Bank yesterday decided to roll out a fresh refinance scheme worth Tk 3,000 crore for the agriculture sector.